https://www.taxtmi.com/caselaws?id=86874 Goods classified under Heading 48.20 were treated as eligible for exemption under Notification 43/86, as the classification dispute had been settled by the Board's circular and the Department accepted that goods under that heading were exempt. Penalty was held unsustainable where both sides had entertained genuine classification doubt and the record showed absence of mens rea. In such circumstances, disputed classification alone could not justify penal action, and the consequential demand and penalty were set aside. en-us Thu, 03 Jul 1997 00:00:00 +0530 Mon, 29 Aug 2011 10:56:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86874 Goods classified under Heading 48.20 were treated as eligible for exemption under Notification 43/86, as the classification dispute had been settled by the Board's circular and the Department accepted that goods under that heading were exempt. Penalty was held unsustainable where both sides had entertained genuine classification doubt and the record showed absence of mens rea. In such circumstances, disputed classification alone could not justify penal action, and the consequential demand and penalty were set aside. Case-Laws Central Excise Thu, 03 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86874